U.S. crude oil inventories fell by 2 million barrels to 438.4 million barrels in the week ended May 2 and were about 7% below ...

ConocoPhillips beat Wall Street estimates for first-quarter profit on Thursday on strong production volumes, but warned that ...

Energy flows intelligence firm Kpler forecasts that US crude oil supply growth will slow for the rest of 2025 and into 2026, and peak as early as this year. Kpler attributes this revised forecast ...

The US cut its forecast for domestic crude production this year even before oil’s latest plunge below $60 a barrel prompted ...

Global oil refineries’ strong profit margins signal healthy oil consumption today, a stark contrast with the grim long-term ...

The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...

The light sweet crude oil market initially rallied a bit during the course of the early hours on Friday, but the $60 level seems to be a bit of a barrier to overcome. If we can break above $60 ...

The crude oil markets both look fairly weak, but we did see a bit of a bounce form the lows. Because of this, the market looks as if it is going to continue to attempt to find a bottom ...

Crude oil futures traded higher on Tuesday morning amid rising tensions in the West Asian region. At 9.58 am on Tuesday, July Brent oil futures were at $61.19, up 1.59 per cent, and June crude oil ...

If crude oil prices sustain at their current levels, the industry is hopeful of a cut in the retail prices of auto fuels by the three OMCs. (Reuters) Crude oil prices are likely to average around ...

Oil is cheaper than it has been since early 2021, when the price of a barrel of crude was still recovering from its pandemic crash. The price of a barrel of West Texas Intermediate started Monday ...

WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude. WTI is also referred to as ...